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[TowerTalk] Antennas and Property Value responsa

To: <towertalk@contesting.com>
Subject: [TowerTalk] Antennas and Property Value responsa
From: "T. Kenneth Lewis" <aswtech@frontiernet.net>
Date: Mon, 9 Feb 2009 10:03:40 -0600
List-post: <towertalk@contesting.com">mailto:towertalk@contesting.com>
I saw  "Joe's" response and couldn't let that slide. First of all, an honest 
Real Estate Appraiser will not change property value based on antennas or 
towers. There is no value added or subtracted, unless the appraiser is not 
being honest with you. The criteria are set forth in State laws, not 
opinions.

While a REALTOR® (a professional designation printed in all capital letters 
with the "Registered" symbol after) may add or take away from the asking 
price, the price paid is based on the final, repeat final offer and the 
consummation of the sale, not on gossip.

And REALTORs® are not, repeat not licensed appraisers. To have any real 
estate agent who also holds a Real Estate Appraiser's licence will 
definitely raise legal issues under the "conflict of interest" heading 
because of the issue of real, or even a perceived, price-fixing. All a 
REALTOR® can give the potential seller or buyer is an "estimated market 
value" and that can be higher, or even lower than the actual selling price. 
Actual improvements to the propety will raise the value and physical damages 
or deterioration will lower the value, as will the actual structural 
differences between the subject property and the comparable properties used.

All in all, the supposed "depreciated value" because of an antenna or a 
tower is only in the mind, not factual. It is a matter of a neighbor who 
doesn't like the perceived appearance of an antenna or a tower and the 
imagined "devaluation." One must wonder how the neighbor might feel if a 
natural disaster of some sort severly limits r even takes out all other 
communications and the only way to communicate with family and/or friends is 
via short wave radio. We cannot let the public forget we are involved with 
such organizations as Amateru Radio Emergency Services, Radio Amateur Civil 
Emergency Services, Military Affiliate Radio Services and Skywarn, as well 
as relaying mesages (after all, many of us are part of the Amateru Radio 
Relay League, emphasis mine) fax transmissions, for all of which we do not 
accept any compensation. Amateur radio is more than just a hobby: it is an 
unpaid public service.

Respectfully submitted,

73, de T. Kenneth Lewis, K3FMK
Retired Real Estate Appraiser and former Broker who held the REALTOR® 
designation

P.S. While all REALTORs® are real estate agents, all real estate agents are 
not REALTORs®. It is a professional designation conferred after training and 
passing a test, somewhat like a doctor or a nurse or a lawyer, but not on as 
grand a scale. 

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